RANCHO DOMINGUEZ, Calif., Oct. 31, 2002 (PRIMEZONE) -- UTi Worldwide Inc. (Nasdaq:UTIW) today announced that it will present at BB&T Capital Markets' 18th Annual Logistics & Transportation Conference on Wednesday, November 6, 2002, at 1:55 p.m. EST, at the Barclay Inter-Continental Hotel in New York City.
Chief Executive Officer Roger MacFarlane and Chief Financial Officer Lawrence Samuels will review UTi's position as a global, non-asset based supply chain management business; discuss the recent acquisition of leading 3PL provider Standard Corporation; and provide an update on NextLeap -- the company's long-term strategic growth plan to: 1) gain major global strategic customers; 2) raise the annual net revenue growth rate; 3) improve operating margins; 4) rally UTi's employees on key performance metrics to achieve these goals; and 5) ensure UTi's team of people around the world deliver their targeted performance -- quarter-by-quarter -- over the next 20 quarters.
The presentation will be open to all interested parties as an audio webcast from UTi's Web site at www.go2uti.com through November 20, 2002.
About UTi Worldwide
UTi Worldwide Inc. is a global, non-asset based supply chain management business providing logistics services and planning and optimization solutions. The company's services include freight forwarding, contract logistics services, customs brokerage, as well as other services such as coordination of shipping and storage of raw materials, supplies, components and finished goods. Through its supply chain planning and optimization services, the company assists clients in designing and implementing systems that improve predictability and visibility and reduce the overall costs of their supply chains. The company has a global and diverse customer base ranging from large multinational enterprises to smaller local businesses. For more information about the company visit its Web site at www.go2uti.com.